Fred93: Prosper.com – It’s a Deadbeat’s Party
While we wait for new developments in the legal proceedings…Prosper.com observer and key statistics tracker Fred93 just updated his excellent blog with observations regarding Prosper’s sadly lacking and much questioned “Post Charge-Off Collection Techniques” operation.
This issue is (and should be) of key importance to anyone contemplating involvement with the Prosper.com peer-to-peer (p2p) lending platform.
Fred93’s important post can be found here.
This issue is also being discussed over at the Prosper Community at Prospers.org.